Opendoor – Buy & Sell Homes 193.0.0

Opendoor Labs, Inc. – Freeware – iOS
out of 10647 votes

Revolutionizing Real Estate Transactions: Opendoor Delivers Efficiency and Simplicity

Elena Angelini

04/02/2025

Opendoor streamlines the process of buying and selling homes, providing users with quick offers and an easy-to-navigate platform, though it may come with higher service fees than traditional methods.

Experience the convenience of buying and selling a home with ease through the Opendoor app.

Buying a new home

Discover a wide selection of homes, just like you would with a real estate agent or another real estate app.
Schedule a private tour in person or through a live video call at your preferred time.
Access valuable information such as estimated selling price, monthly expenses, and more.
Receive guidance and support from a local buying agent throughout the entire process, including making offers and negotiation.

Selling your current house

Provide details about your current home to receive an all-cash offer within minutes.
Sell directly to Opendoor, avoiding the stress of showings and extensive preparation.
In select markets, choose to list with a local agent to sell your house at market price.

Seamless experience with expert support

Manage your buying, selling, and closing process all in one place.
Our team will assist you in aligning closing dates to avoid multiple moves and mortgages.
Receive support from a team of experts available 7 days a week via call, email, or text.

For more information, please refer to our Terms of Use and Privacy Policy.

Overview

Opendoor – Buy & Sell Homes is a Freeware software in the category Home & Hobby developed by Opendoor Labs, Inc..

The latest version of Opendoor – Buy & Sell Homes is 193.0.0, released on 07/05/2024. It was initially added to our database on 09/21/2023.

Opendoor – Buy & Sell Homes runs on the following operating systems: iOS.

Users of Opendoor – Buy & Sell Homes gave it a rating of 5 out of 5 stars.

Pros

User-friendly interface for buying and selling homes
Quick home evaluations and cash offers within 24 hours
No need for open houses or showings, simplifying the selling process
Offers a streamlined process with minimal paperwork and hassle
Ability to sell homes in various locations across the U.S.
Transparent fees and pricing processes
Provides access to a network of real estate experts for additional support
Relatively fast closing times compared to traditional real estate transactions

Cons

Limited negotiation on offers as they provide a set price based on their evaluation
Fee structure can be higher than traditional real estate commissions
Availability may be restricted in certain areas or markets
Some customers report slower customer service response times
Slightly lower offer prices than what might be achieved in a competitive market
May not cater to buyers looking for specific home features or detailed local insights

FAQ

What is Opendoor?

Opendoor is a real estate platform that allows users to buy and sell homes easily, providing a convenient and streamlined process.

How does selling a home with Opendoor work?

To sell your home with Opendoor, you submit your address and some details about your property. They then provide you with a cash offer. If you accept, you can choose your closing date.

Can I buy a home through Opendoor?

Yes, you can browse available homes on the Opendoor platform, schedule visits, and make offers directly through the site.

Are there any fees involved when selling my home to Opendoor?

Yes, Opendoor charges a service fee which typically ranges from 5-7% of the sale price of the home.

How does Opendoor determine its cash offers for homes?

Opendoor uses a proprietary algorithm that analyzes various factors including recent home sales in the area, market trends, and the condition of the property.

Is it possible to get a cash offer without completing repairs?

Yes, Opendoor purchases homes 'as-is', so you don't need to worry about completing repairs before selling.

How long does it take to close on a home sale with Opendoor?

The closing timeline varies, but it can be as fast as 14 days after accepting an offer.

Can I still work with a real estate agent when using Opendoor?

Yes, you can use a real estate agent when buying or selling with Opendoor if you prefer that route.

What happens if I change my mind after accepting an offer from Opendoor?

Once you accept an offer and sign the sales agreement, the transaction is legally binding. However, there may be options for renegotiation, depending on the circumstances.

Is Opendoor available in my area?

Opendoor operates in various markets across the United States. You can check their website for availability in your specific location.

Elena Angelini

I'm Elena, your go-to software reviewer at UpdateStar and tech enthusiast. Whether you're a user seeking the latest software titles or software news I've got you covered. When I'm not diving into the latest software, you can find me exploring nature trails, camping under the stars, or competing in online multiplayer games. My reviews are designed to be fun, engaging, and packed with all the details you need to make informed decisions.

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